Explain what is mean by benchmarking in activities and how it is used in Total Quality Management in operation management?
Q: As operations manager of Holz Furniture, youmust make a decision about adding a line of rustic…
A: EMV(large process line) = expected profit - cost = (2/3)*600000+(1/3)*300000-400000 = 100000
Q: BRIEFLY EXPLAIN TRANSFORMING STRATEGY INTO ACTION: THE BALANCED SCORECARD
A: A strategy is described as actions taken up by the managers in order to attain the objectives of an…
Q: operations
A: The act of managing all activities and tasks that must be completed in order to maintain a…
Q: Do you think that manufacturing or service organizations have the greater need for operations…
A: From an individual's point of view, both manufacturing or service organization requires operation…
Q: .What is operating philosophy in traditional culture (face to face classes) and Quality Culture…
A: Educational services such as e-learning, instructional technology, information, and communication…
Q: what is the importance of benchmarking with other facilities/programs/plans
A: Healthcare quality must have grown more crucial in an environment where financing for medical…
Q: How can this case be related to operations strategy and process design concepts
A: This case illustrates the importance of getting a well-designed process and operations strategy. The…
Q: What is activity productivity analysis,
A: Productivity is generally known as the ratio of output volume to input volume. In other words, it…
Q: List some of the common processes that you perform as a student. How can these processes be…
A: As students, almost all of us have tend to develop certain habits that remain with us for the rest…
Q: What are the important process strategy decision and how do they impact operation?
A: Policy-making, plan design, policy development, plan implementation, monitoring, and management are…
Q: How should each of the following strategic operations management be managed to ensure the success of…
A: a. Product and Service Design : Products and services fuel your business with the revenue they…
Q: In what three ways can market leadership be obtained?
A: Someone truly said that ‘Rome was not built in a day’. The same happens with the market leaders. It…
Q: Identify six system approach factors and discuss briefly.
A: We utilize our demonstrated Whole Systems Approach to progress the Six Systems of hierarchical…
Q: When Are Operations Consultants Needed?
A: Operations consulting is well-defined as the procedure by which establishments hire counselors who…
Q: How should Mayo obtain information from stakeholders?
A: Who are the Stakeholders - A stakeholder is a party that has an interest in a company and can either…
Q: State and explain two features of a product that defines the quality in operations strategy
A: To be introduced: two features of a product that defines the quality in operations strategy
Q: How often should a company develop and rei ne the operations and supply chain strategy?
A: А strаtegy is а generаl рlаn tо асhieve оne оr mоre lоng-term оr оverаll gоаls under…
Q: Discuss what is meant by benchmarking in activities and how it is used in Total Quality Management…
A: TQM, or total productive maintenance, is a systems integration technique that aims to enhance and…
Q: In your opinion, what do you think CEMEX should do in 2010 in relation to the following Human…
A: CEMEX is a Mexican multinational company, that dabbles in the manufacturing of cement, ready mix for…
Q: Identify any one process among the 5 listed here to perform competitive benchmarking in your…
A: Benchmarking is, or ought to be, an essential piece of any medical services association's functional…
Q: What are the benefits of Customer-directed operations?
A: They measure their exhibition and advance client procurement to amplify the rate of profitability.…
Q: What can be done to prepare for long-term operations methods? What is the procedure?
A: A backup is a snapshot of a system's data, and a recovery is the ability to restore the data backup…
Q: What tool is used to reflect the particular needs of each stakeholder group in a performance…
A: Balanced scorecard is the accounting approach that would replicate the requirement of each…
Q: What do the terms method, methodology, and process mean?
A: Introduction Strategies are simply conducted or instruments used to choose an examination…
Q: write an example of company that applied the Total Quality Management, and write some details about…
A: Total quality management at Motorola is an example of a successful blueprint for manufacturing and…
Q: What are the steps involved in preparing an Operations plan?
A: OPERATIONAL PLANNING: The process of setting short range objectives and determining in advance how…
Q: Describe which are the reason for formulating and implementing a operation and supply chain…
A: The management of organizational processes within a firm with the purpose of boosting efficiency is…
Q: Why is it important to align the organization’s culture with its larger goals?
A: Organization culture is characterized as the values, beliefs, perspectives and objectives that…
Q: What are the pros of directing operations to the customer?
A: They examine their exhibition and plan ahead for customer acquisition in order to boost their…
Q: Performance metrics Buffalo BBQ Restaurant is trying to become more efficient in training its…
A: Given that - No. of Chefs in Program A = 5 No. of Chefs in Program B = 5 Hence, we begin with the…
Q: How would you determine the productivity of the kitchen staff and waitstaff at Hard Rock?
A: An effective technique to determine the productivity of the kitchen staff and the team of waiters is…
Q: What is cost leadership Vs cost reduction in operations?
A: Cost leadership by which a business lowers its production or operating expenses in contrast to other…
Q: Briefly explain Documenting the Current Method?
A: Documentation refers to the set of documents offered on paper or online or other digital mediums.…
Q: Assume that you assessed four systems and the results of the assessment are as follows: System A:…
A: System A: High quality with low business value These type of systems do not give much profit to the…
Q: Explain supplier certification and explain why it can be important?
A: Supplier certification ensures that when a recognized supplier sends a shipment, it can be delivered…
Q: How would you determine the productivity of the production process at Frito-Lay?
A: Productivity is an important metric used in companies to measure the effectiveness of the production…
Q: Describe an operation where higher quality will cost more. What is your definition of quality?
A: An operation where higher quality will cost more is use of quality control processes for maintaining…
Q: What is the distinction between quality assurance and quality management, and how do you explain it?
A: The measures taken by a company to produce and design an efficient and reliable product by providing…
Q: Using any two relevant examples why will a service business set up an operation unit? There are a…
A: Tasks the executives for administrations has the useful obligation regarding delivering the…
Q: The company tuzen produces output of 4 lakhs and the various inputs used in it were - Human input…
A: Given Total Output = 400,000 Total Input = 20,000+15,000+20,000 = 55,000
Q: In which way do you think the operations managers’ role may change with regards to quality in the…
A: Operations managers - An operation managers is having may things to do in an organisation, an…
Q: other than quality, explain how the operations manager can use two competitive priorities to compete
A: Concept Introduction : Competitive Priorities in Operation Management can be defined as setting the…
Q: Under which perspective of the balanced scorecard would classify manufacturing yield?
A: The balanced scorecard perspective in which manufacturing yield calculation will fall.
Q: Justify the methods that can be employed to achieve short-term and long-term performance…
A: These Businesses and employees set short- and long-term goals to help them measure their…
Q: Explain the term operational excellence?
A: Operational Excellence refers to the execution of organization strategy more reliably and…
Explain what is mean by benchmarking in activities and how it is used in Total
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- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?
- Describe what is meant by benchmarking in activities and how it is used in Total Quality Management in operations management ?Discuss what is meant by benchmarking in activities and how it is used in Total Quality Management in operation management?Discuss what is meant by benchmarking in activities and how it is used in Total Quality Management (TQM) in operation management?